Saturday, January 25, 2020

The Social Problem: Class Inequality

The Social Problem: Class Inequality Class inequality refers to the inequality of incomes between individuals, families, or between different groups, areas, or countries (Black, 2002). These inequalities occur as a result of differences in the ability to earn incomes as well as differences in property ownership. Some individuals usually have lower incomes than others, especially those who are economically inactive. This is usually as a result of age, poor health, or inability to find employment. Class inequality is a major social problem in the US and other parts of the world. For example, several studies have demonstrated that a childs future may be determined by the social status. One study found that although children may have similarities in their ability, differences in the circumstances to which they were born could make the difference on who will be successful in future, and who will not. By considering two children Bobby (the son of a lawyer) and Jimmy (son of a custodial assistant) who both do well in class, the study found that it makes it 27 times more likely that Bobby will get a high profile job, while Jimmy had one chance in eight of earning a median income. It is projected that currently, social inequality is greater in the US than in any other industrialized nation (Wolff, 1995). In 2007, a study conducted by the Congressional Office Bureau revealed that the wealth held by the richest 1 percent of the total American population totaled US$16.8 trillion, which makes up USD$2 trillion more than the combined wealth of the lower 90 percent of the American population. Another study conducted by the Center for American Progress (2007) showed that between 1979 and 2007, the average income of the bottom 50 percent of American households grew by only 6%, while the top 1% incomes increased by a massive 229 percent. This reveals that the gap between the rich and the poor in the US is widening, and may affect the future of children who come from economically disadvantaged families. This may lead to accelerated rates of crime, violence and drug abuse amongst poor communities. High advances in technology have led to the globalization phenomenon, whereby people in different parts of the world can interact faster and less expensively than before. Some activists consider globalization a social problem. For example, Stiglitz (2002) argues that globalization forced developing nations to liberalize their economies before they were ready, which pushed their citizens to poverty, a major social problem. Further, religious groups, especially Muslims and Christians, are opposed to globalization because it may erode some of their values. With globalization come cultural clashes, which are leading to erosion of cultures. These conflicts may not be easy to resolve because with globalization, there are difficulties in the issues related to justice, identity and equity. For example, previously, when disputes arose between people, they could be resolved by the government or the local council. The process of conflict resolution was faster. However, with globalization, socia l disputes go beyond local, regional and international boundaries. The process of conflict resolution is slower, and this makes people feel victimized, angry and powerless. As a result, there is a tendency for people to turn to violence when they feel they have no alternative. According to Stiglitz, globalization has its advantages, but also disadvantages. He states that it has a high potential to bring benefits to the world. So far, globalization has not brought comparable benefits in many parts of the world, and it is viewed by many as a disaster. However, since globalization is now a reality which affects everyone, it is essential that we strategize on how to benefit from it, and how to mitigate its negative impacts. In order to reap the benefits of globalization, the world will have to make rational decisions for people on both sides of the divide. A number of Sociological Theories attempt to explain why people commit crimes. These include the Strain Theory, the Social Learning Theory, the Control Theory, the Labeling Theory and the social Disorganization Theory. According to Agnew (1992), all crime theories attempt to explain crime as a component of the social environment. Social environment includes the family, school, peer group, workplace, community as well as the society. The structural strain theory, for example, states that social structures in a society could encourage its citizens to commit crimes. The structural strain theory was advanced by several sociologists. These were Merton (1938), Cohen (1955), Cloward and Ohlin (1960), Agnew (1992), as well as Messner and Rosenfeld (1994). According to the authors, strain can either be structural, which depicts the processes at the societal level which filter down and affect how an individual perceives his or her needs. That is, if particular social structures are inherently inadequate, the individuals perceptions may change to view them as opportunities. On the other hand, strain can be at the individual level, where it refers to the pain experienced by an individual when he seeks ways to satisfy his needs. At this level, if the goals of a society become significant to an individual, actually achieving them may become more important than the means adopted. The labeling theory, also known as social reaction theory, was developed by Howard Becker (1963), a sociologist. This theory states that deviance is not a quality of the act, since results from personality factors associated with committing deviance. Its main focus is on the linguistic tendency of majorities to negatively label minorities, mainly those perceived as deviant from the norms. According to this theory, self-identity and behavior of individuals can be influenced by the terms used to describe them. This theory is sometimes used to explain why people take drugs. An individual, for example, may escape to drugs due to low self esteem resulting from being constantly stereotyped. Blade Runner 1982 Ridley Scott | Analysis of Postmodernism Blade Runner 1982 Ridley Scott | Analysis of Postmodernism Research Proposal Commentary ‘Blade Runner 1982 Ridley Scott Postmodernism, after the modernist movement, is a term now almost as ‘ubiquitous, disliked and misunderstood as its parent, the modern (Jencks, C, p.14). It is a reaction to modernism, an aesthetic, to try and describe changes to conditions and institutions by the drawing of ‘attention to conventions (Oxford, 2009). Throughout this commentary I will explain how my chosen film of discussion ‘Blade Runner 1982, directed by Ridley Scott, is relevant to the postmodern era. I have chosen Blade Runner as the object for study as it is one of my favourite films; I feel it engages artistically and complexly with the issue of postmodernism. It is around the theme of identity I consider the film best represents not only its understanding of postmodernity but also its connection with postmodernism, ‘as the structure of feeling of late capitalism (McGuigan, 1992, p.221). The city of Blade Runner is relevant to the postmodern era, as it highlights the representation of post-industrial decay; it is not the ultra-modern but rather the postmodern city. The city represents an aesthetic of decay, revealing the process of ‘disintegration what could be seen as the ‘dark side of technology (Giuliana, B). Recycling, erosion and the explosion of boundaries help reinforce this postmodern aesthetic in Blade Runner. ‘Post-industrialism, ‘spatial relations, ‘urban decay, ‘pastiche consumption and ‘time consumption are five recognised postmodern issues I find to be represented within Blade Runner. Post-industrialism is clearly embodied in Blade Runners Tyrell Corporation (the main business company within the film). The film references changes in the dominant mode of production and the organisation of business, which could be called ‘advanced corporate capitalism (Davis, 1992). 1.Harvey 1989 states how ‘flexible accumulation creates the postmodern economic actuality of ‘overwhelming corporate power: Blade Runner is inundated with advanced technology, from hover cars, large electronic advertisements on blimps to videophones, the driving force behind the post-industrial society creating this power. In terms of spatial relations, postmodernity is characterised by class polarisation, with the wealthy and the poor becoming progressively more socially isolated from each other. This relationship makes itself evident in the ‘concrete spatial relations of postmodern cities, like Los Angeles (2.Harvey, 1989). This is made apparent with the architectural mise-en-scene in Blade Runner, particularly with the monolithic ivory tower of Tyrell, dominating the urban landscape of the poor, portraying a hierarchical class division. One of the most clearly presented conditions of postmodernity in Blade Runner is time compression, the outcome of increased consumption and exchange on the experience of time. Bringing with it an emphasis of unpredictability and ‘volatility (2.Harvey, 1989), the postmodern society is required to become accustomed to the demands of flexible accumulation. This is relevant with the replicant characters in Blade Runner, who are forced to live in ‘disconnected temporality (Bruno, G 1990). It is this lack of safe ‘temporal continuity represented within Blade Runner (Jameson, 1985) from neurotic preoccupation of its characters with individual pasts to ageing diseases that makes the film postmodern. Another issue represented within Blade Runner, which is considered another postmodern concern, is urban decay. Bruno states the speed and growth of development brings its own rapid ineluctable death and decay. Blade Runner portrays a post-industrial decaying future of Los Angeles, opposed to the familiar perception of ultra-modernity (shown within sci-fi films in the 1950s). It emphasises the effect of de-concentration with the result of immigration known as ‘geographical displacements and condensations (Bruno, 1990). As the upper class individuals vacate vast areas of the city, the poor and immigrants then can use these areas. Blade Runners ‘Off World colonies could be a symbolic extension in the trend to vacate a city in support of the commuter land of home-based work, as a blimp advertises â€Å"A chance to begin again!† As well as the issue of urban decay being a postmodern issue within Blade Runner, there is also pastiche consumption. This is where the postmodernist culture and postmodern socio-economics links start to be revealed as ‘difficult and uneven (Connor, 1989). In the film, the use of pastiche images and past/present styles is portrayed particularly in the mixture of architectural designs within the urban landscape, as Bruno states it is a ‘pastiche city. An example of this pastiche in Blade Runner is where Rachael played by actress Sean Young is dressed in 1940s utility clothing blending the space age of the 1960s. An architectural example is the style of the ‘retro bar where Deckard (Harrison Ford) finds Zhora (Joanna Cassidy). These points I have outlined reveal how Blade Runner is considered to be relevant to the postmodern era, using postmodern theoretical references. However, they are not the only reference points between Blade Runner and postmodernism. The Film also portrays elements of ‘hyperreality and ‘simulacra, which I will discuss within the essay. Bibliography: Jencks, C. (1996). â€Å"What is Postmodernism?†. Published by Academy Press; 4 edition (June 13, 1996) Oxford Dictionary. (2009). â€Å"Postmodernism†. Available at: http://www.askoxford.com/concise_oed/postmodernism?view=uk [Accessed 28/10/09] McGuigan, J. (1992). ‘Anomie of the people. In Cultural Populism. London: Routledge. Giuliana, B. (1987). ‘Ramble City: Postmodernism and Blade Runner. Available at: http://www.stanford.edu/dept/HPS/Bruno/bladerunner.html [Accessed 28/10/09] Davis, M. (1992). ‘City of Quartz: Excavating the Future in Los Angeles. London: Vintage. Harvey, D. (1989). ‘Flexible accumulation through urbanization: reflections on â€Å"Post-Modernism† in the American city. In The Urban Experience. Oxford: Basil Blackwell. Harvey, D. (1989a). ‘Time-space compression and the postmodern condition. In The Condition of Postmodernity: An Enquiry into the Origins of Cultural Change. Oxford: Basil Blackwell. Bruno, G. (1990). ‘Ramble city: postmodernism and Blade Runner. In A. Kuhn (ed.), Alien Zone: Cultural Theory and Contemporary Science Fiction Cinema. London: Verso. Jameson, F. (1985). ‘Postmodernism and consumer society. In H. Foster (ed.), Postmodern Culture. London: Pluto Press. Connor, S. (1989). ‘Postmodernities. In Postmodernist Culture: An Introduction to Theories of the Contemporary. Oxford: Blackwell.

Friday, January 17, 2020

Benefits of Cost Allocation in an Organization

Introduction: The Need for Cost Accounting and Allocation A product or a service cannot be provided without costs going into its creation. The ability to transform a raw material into the final product, whatever the final product may manifest, is unavoidably connected with a cost. Often costs are incurred in a manner that is not even directly related to the making of the final product but to activities that are necessary for the production process.Activities such as planning and administration come under the support activities that are not directly related to the creation of a product or service but they are necessary for a organization to operate. Often a situation arises when a cost becomes attached to more than one product or department. The question as to whom to ascribe a cost to when more than one party seems responsible for the charge had been a highly problematic issue for accountants for long while. Many schools of thought have sprung up with regard to this dilemma.Some feel that costs can be assigned based on dividing space, or percentages of use. Others were of the view that there is no need to allocate costs at all. â€Å"A third group preferred no allocation at all, because regardless of the method applied, bottom-line would not change† (Doost, 1997). The introduction of Activity Based Costing further pushed cost allocation into the background (Doost, 1997). However, Activity Based Costing had a major shortcoming in that not all cost incursion are clear-cut enough to be charged to the ultimate users.The need to allocate costs in the face of multiple users remained. Cost allocation is also known as cost apportionment and cost distribution. Defining Cost Allocation Cost allocation is the process of accounting developed to deal with a situation in which assigning costs to a particular product or department is difficult. The process involves identifying and linking the costs incurred with the cost objectives. Cost allocation consists of three ma in steps: ? Defining an â€Å"object† to link costing to ?Accruing the costs linked to the object Determining a method to link the object with the accrued cost The cost object can be thought of as an activity or a process, a product or service or even a part of the organization for which a separate measure for costs is required. Definition of the object is based largely on the needs and circumstances of the organization. After costs are incurred, they undergo an appraisal and are assigned to various pools depending upon a criterion that has been determined to link costs to the object. The costs are of two types; direct and indirect (Ijiri, 1975).Direct costs are traceable to the cost object through a highly objective, uncomplicated relationship. Indirect costs are the real purpose of cost allocation and are cost incurred without any traceable source. They must be assigned according to some bridging activity that will form the link between costs and cost object. The Benefits o f Cost Allocation Most literature follows the disadvantages of cost allocation and shows why it should not be used. However, cost allocation continues being used in numerous organizations.Two authors, Horngren and Kaplan have been the exceptions in relating this aspect and Zimmerman builds on their work to show, that in spite of what research, what benefits are derived from cost allocation which makes it popular among the practitioners. Horngren and Kaplan refer to the benefits to managerial behavior. Zimmerman (1978) divides this into the agency problem and using allocation as a proxy. The agency problem arises whenever a relationship is formed between a principal and an agent, such as that between the owners of the company and its managers (Jenson and Meckling, 1976).This situation assumes that the agent will do his or her best to increase the welfare of the principal; however, in reality an agent will sometimes act in ways that reduce the welfare of the principal. This is due to the lack of optimal monitoring systems. The monitoring system can restrict such acts but not completely stop them. The portion that can not be reduced is, thus, a expenditure and is known as agency costs that a principal needs to bear. A similar situation occurs between a superior and a subordinate when costs are allocated. The subordinate has his own interests at heart, including his chances of advancement.Thus, by allocating to the subordinates the superior’s expenditures, motivation is created for subordinate to carefully monitor their superior’s spending and ensure that the superior does not spend unnecessarily or for personal gain on the company’s tab. Thus, the subordinate will monitor the spending by the superior, ensuring less shirking and adequate spending on perquisites (non monetary incentives e. g. air conditioning in the office). Thus, the superior’s welfare is dependent directly on the subordinate’s productivity, subordinate’s compensation and the agency costs related to this relationship.This agency costs include the monitoring costs, bonding costs and residual loss. Excessive consumption of prerequisites by the superior, thus, negatively affects the subordinate's future promotions. To avoid this, the subordinate would either go over the direct superior’s head or attempt to convince the direct superior to reduce spending. Thus, cost allocation itself allows a principal-agency relation to be created in the organization, and using allocated costs, a means of monitoring superiors is created.This monitoring is not so effective if done by a person higher-up than the superior (because of one-to-many relation and lack of incentives), and is one reason that costs allocation are widely used in organizations. Another assumption made is the fact that lump-sum tax can also reduce an agent’s spending on perquisites. Here, costs allocations act as a lump-sum tax as they allow costs to be allocated to dif ferent departments. Thus, if a cost is allocated among five departments, then for each department this is similar to a lump-sum tax, and this is reduce the agent’s spending on perquisites in each of the departments.However, if this tax amount is tied to profits, then theory shows that mathematically the perquisites spending may actually increase. Thus, non-controllable costs are allocated to managers to decrease their perquisite spending and should be based on lump-sum overhead allocation rather than tied to profits. The above discussion also implies that costs allocations are better used when other forms of monitoring costs are high, perhaps due to geographical locations etc. Another benefit of cost allocation is observed with regards to manufacturing overhead costs.Zimmerman (1978) shows that a shared resource inflicts costs on others, for instance, for a shared resource a user will be constantly expanding his utilization. Besides the overuse, this agent is also inflicting a delay costs on other whose work may be affected by the delay they have to endure. After a certain point though, the costs will be more than the benefit derived from the shared resource and it would be more profitable to expand resources. Costs allocation acts a proxies to this expansion costs and allows proper allocation of costs which can be monitored. Thus, the manufacturing overhead issue is as follows.For a manufacturing concern, its main costs are its direct material used, direct labor required and manufacturing overhead, which are not directly traceable to one product but are incurred in manufacturing. When a principal assigns an agent, he also passes on the responsibilities and decision making thus resulting in a decentralized organization. In such a setting, each person will choose that level of inputs which minimizes the overall costs. This will be at a point when minimum variable costs are used by decreasing inputs and using maximum fixed costs, which are indirect costs. This will firstly not operate at optimum level, and secondly this will impose costs on other departments by using more of the manufacturing overhead costs. Hence, a need for centralized decision making arises. By using centralized decision making, a level of inputs is selected which minimizes input costs. . Also, manufacturing overhead is allocated based on requirements rather, than to show minimum costs. Thus, cost allocation allows optimal distribution of indirect costs, and also incorporates other immeasurable costs like delay costs, expansion costs etc.Doost (1997) also shows how cost allocation is useful for determining actual product costs by using all relevant costs, and can be used for control purposes. He demonstrates that the budgeted amount of manufacturing overhead costs allow monitoring of overspending or under spending and is the responsibility of the specific department. Conclusion Cost accounting is a highly useful method of accounting that is very accommodating to c ontrol and coordination measures of various costs. The importance of cost allocation has not diminished over the years.Cost allocation continues to be as important today as it was in the seventies. The basic principle behind cost allocation has remained largely the same; however, new methods of forming the link between costs and cost objects are continuously being formed. It continues to finds its application in cost control and accountability. By no means a cure-all, cost accounting does, however, provide a sound foundation for increasing responsibility, control and accountability by changing the very behavior of managers and creating an environment where cost reduction can be linked to advancement.

Thursday, January 9, 2020

The Police Shootings And Its Effects On All Police...

Soros knowing he is free from any major legal entanglements understands the very simple fact that, like 9/11 has shown, the more you make average citizens believe they are losing control of their lives and country, the more freedoms they will gladly hand over, in the false belief that it will make them and our country more safe. When BLM came into the American conscious they may have had a legitimate argument and more tyhan fair demands. Their accusations of, white cops killing unarmed black men, without serious investigations or consequences may have had some legitimacy if you looked past the raw numbers that did not validate their claims. Originally BLM wanted Body cams on all Police Officers Better training on deescalating situations An unbiased community over sight board to look into any shooting The Federal government would lead any investigation in all police shootings A review of each Police department to weed out Racial bias in traffic tickets issued, minority arrests An almost military standard of justice where the accused (Police) would need to prove their innocence rather than prosecutors having to prove their guilt. Police Departs would need to become more minority diverse and need to meet minority hiring percentages The elimination of jail sentences for minor illegal activities such as loitering, trespassing and drug possession While some of their demands are without warrant and could never be conceivably implemented, BLM at least placed into the public forumShow MoreRelatedWhy The Police Must Act With Responsibility And Care1398 Words   |  6 Pagesnoticeable change in how Americans view the police forces. 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Wednesday, January 1, 2020

Hadley V Baxendale The Court Of Exchequer Chamber

Hadley v Baxendale Introduction In 1854 there were a case named Hadley v. Baxendale discussed by the Court of Exchequer Chamber. All the facts are very well-known. The plaintiffs (a person who brings a case against another in a court of law) possessed a mill that went down on account of a break in the crankshaft that worked the plant. Accordingly the plaintiff needed to transport the broken shaft to the first maker, Joyce Co. of Greenwich, to serve as an example for the production of another shaft. An employee was sent by the company to the local office of the defendants (an individual, company, or institution sued or accused in a court of law), who were carriers exchanging under the name Pickford and Co. The worker told Pickford s†¦show more content†¦On the premise of these claims, the plaintiffs requested damages of  £300. Pickford contended that the damages claimed were excessively remote. The offended parties reacted that these harms were not very remote, as indicated by Hadley the damages are char acteristic and it happened on account of defendants fault. (Eisenberg, 1992) Judgement The trial court left the case for the most part to the jury, which recompensed the offended parties harms of  £25 well beyond  £25 that Pickford had effectively paid into court. The Chamber inverted, not on the hypothesis of remoteness. Rather, it said that an injured party by a break of agreement (breach of contract) can recuperate just those damages that either ought to sensibly be considered as actually. As the likely consequence of the breach of contract, the court presumed that the Hadley (plaintiffs) had neglected to fulfil either test. The two branches of the court s holding have come to be known as the first and second rules of Hadley v. Baxendale. (Eisenberg, 1992) Hadley v baxendale’s case two limb The test of remoteness in contract law is consideration. Damages are accessible for misfortune which: 1) Naturally emerges from the break concurring the standard course of things, 2) Is inside the logical thought of the parties at the season of contracting as the plausible consequence of a breach. These are alluded to as the two limbs of Hadley v Baxendale. CONSEQUENTIALShow MoreRelatedRule Of Reasonable Foreseeability On Breach Of Contract1173 Words   |  5 Pages This rule derives from a classic case: Hadley v. Baxedale, which will be analysed in details in the next part. The aim of this article is to further the application of the rule of the principle of foreseeability, so some problems and some new developing viewpoints concerned with the rule will be explained. â€Æ' I The establishment and development of the rules of foreseeability in Britain A. Analysis on a classic contract-law cases of Hadley v. Baxendale (600 words) The rule of foreseeability comesRead MoreThe Rule Of Reasonable Foreseeability On Breach Of Contract1910 Words   |  8 Pagesaim of this essay is to analyse the application of the rule of the principle of foreseeability. The second part focuses on analysis of a classic case of Hadley v Baxendale [1854] EWHC Exch J70, which defines the rule of predictability, and an introduction of a new theory from Eisenberg M.A. (1992) which might substitute the traditional rule of Hadley. In the third part, this essay states the basic situation and the problems of the application of the rule through citing examples. The fourth part intends